Question

PLEASE HELP!!

How much should you invest at 5% annual rate to have the annual interest $150

If you invest 300.00 dollars and your annual interest is $27 , what is the interest rate?

Answer 1

um correct me if im wrong but I just answered this question on a test earlier but Im pretty sure its $47 or 47%

Explanation:

Answer 2

Hey I saw you got it wrong but for the future! If you have an amount, and your annual interest is another amount, you divide your amount by your interest amount find the percentage and there you go.

Answer: 3,000 dollars
Answer:11.111...